In-N-Out-of-California.
In-n-Out heiress Lynsi Snyder revealed that she and her familyβs company are leaving California for Tennessee. She explained the move to podcast host Allie Beth Stuckey, βRaising a family is not easy here. Doing business is not easy here.β The burger chain plans to keep a Western HQ in California and open an Eastern HQ in Franklin.
2025 keeps getting stranger. Before we know it, Ben & Jerryβs will be MAGA and Five Guys will be affordable.
π³ Epstein Files coming soon?
π Why Colbert got cancelled
π North Korea's resort not for tourists!
βMax and Max
KEY STORY
Epstein Files to be Released?

President Trump ordered Attorney General Pam Bondi to seek court approval for releasing Epsteinβs grand jury testimony
Trump had promised during his campaign to release Epstein-related files upon taking office, but announced earlier this month he would not release the files, sparking backlash from his political base
Trump announced Thursday night on Truth Social that he was directing Bondi to "produce any and all pertinent Grand Jury testimony, subject to Court approvalβ
The grand jury testimony represents only a small fraction of the evidence collected during the federal investigation
Dig DeeperΒ
The announcement came as House Republicans advanced a nonbinding resolution calling for the Justice Department to release broader Epstein investigation materials within 30 days
Republican lawmakers reported being bombarded with calls from angry constituents demanding transparency after the administration's decision not to release additional files
Democrats have also piled on, making similar demands of the Trump Administration
Last week, Trump called the controversy a Democratic "hoax" and said those who care about it are his βformer supportersβ
KEY STORY
Trump Signs Crypto Bill
President Trump passed major cryptocurrency legislation to regulate stablecoins
The crypto industry has spent years pushing for federal legislation and poured hundreds of millions of dollars into the 2024 elections to support pro-crypto candidates
On Thursday, Trump signed a bill that will regulate stablecoins β tokens pegged to assets like the US dollar β and pave the way for banks to launch their own digital currencies
The legislation requires stablecoin issuers to back tokens with liquid assets and publicly disclose reserve compositions monthly
Dig Deeper
JPMorgan's Jamie Dimon said his bank would be "involved in both JPMorgan deposit coin and stablecoins" and Bank of America's Brian Moynihan spoke about the bank's appetite for stablecoin payments
Democratic critics including Sen. Elizabeth Warren (MA) and Rep. Maxine Waters (CA), who warned that the new regulatory regime won't adequately protect consumers and could lead to pressure for government bailouts if digital token issuers fail
QUOTE OF THE DAY
You miss 100 percent of the shots you don't take
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KEY STORY
Trump Sues WSJ For $20B

President Trump filed a $20B lawsuit against the Wall Street Journal
Last week, the WSJ reported a letter that Trump allegedly wrote to Jeffrey Epstein on his 50th birthday. The note was stylized as a conversation in the third person between the pair
Among various things, Trump wrote, βWe have certain things in common, Jeffreyβ¦Enigmas never age, have you noticed that?...A pal is a wonderful thing. Happy Birthday β and may every day be another wonderful secretβ
Trump labeled the report βfake newsβ and sued the WSJ for $20B for libel
Dig Deeper
The full note said:
βVoice Over: There must be more to life than having everythingβ
Donald: Yes, there is, but I wonβt tell you what it is
Jeffrey: Nor will I, since I also know what it is
Donald: We have certain things in common, Jeffrey
Jeffrey: Yes, we do, come to think of it
Donald: Enigmas never age, have you noticed that?
Jeffrey: As a matter of fact, it was clear to me the last time I saw you
Donald: A pal is a wonderful thing. Happy Birthday β and may every day be another wonderful secret
Trump immediately denied the veracity of the story: βThe Wall Street Journal printed a FAKE letter, supposedly to Epstein. These are not my words, not the way I talk. Also, I donβt draw pictures. I told Rupert Murdoch it was a Scam, that he shouldnβt print this Fake Story. But he did, and now Iβm going to sue his ass off, and that of his third rate newspaperβ
Dow Jones, which owns the Wall Street Journal, said it will defend its actions in court and has "full confidence in the rigor and accuracy" of its reporting
KEY STORY
Late-Night Shake-Up
CBS announced it was canceling βThe Late Show with Stephen Colbertβ
Once among the most popular programs on television, late-night show viewership and revenue has been cratering
Last week, CBS announced it would end The Late Show franchise in 2026, calling it βpurely a financial decision.β Per the Wall Street Journal, the show was profitable βjust a few years agoβ but is now losing $40M a year
Some have speculated that CBS is canceling the show to curry favor with Trump βΒ Colbert has been one of the presidentβs most frequent critics βΒ while others have said the showβs left-wing tilt alienated viewers and limited its audience
Dig DeeperΒ
CBS was paying Colbert $20M a year, a staff of 200 people, and a live band, among other expenses
The show will end in May 2026, and CBS doesnβt plan to replace it with another late-night show
Trump posted on Truth Social after the news broke, βI absolutely love that Colbertβ got fired. His talent was even less than his ratings. I hear Jimmy Kimmel is next. Has even less talent than Colbert! Greg Gutfeld is better than all of them combined, including the Moron on NBC who ruined the once great Tonight Showβ
RUNDOWN
Some Quick Stories for the Office
π Andy Byron resigned as CEO of Astronomer after a viral video from a Coldplay concert revealed him having an affair with his companyβs HR chief
π£ Axios reported that sources in the White House are growing increasingly concerned about Israeli PM Benjamin Netanyahu, with one official calling him a βmadmanβ after he bombed Syria
π² Treasury Secretary Scott Bessent has been aggressively lobbying Trump not to fire Fed Chair Jerome Powell, the Wall Street Journal reported
βοΈ An Atlanta-bound Delta Airlines Boeing 767 had to return to LA after one of its engines caught fire during take-off
βοΈ The Democratic Republic of the Congo and M23 rebels agreed to sign a ceasefire deal, potentially ending years of war
What does Roca Nation think?
πΊ Todayβs Question: Was Stephen Colbert a good late-night talk show host? Explain.
POPCORN
Some Quick Stories for Happy Hour
ποΈ Paradise Lost: North Korea has shut down its massive Wonsan-Kalma beach resort to foreign tourists indefinitely, just a week after letting in Russian visitors
π³οΈ Sewer to Stream: Once dubbed βthe sewer of the Ruhr,β Germanyβs Emscher River has transformed from Europeβs dirtiest river into a thriving ecosystem
π₯ Balcony Bravery: A man in Paris is being hailed as a hero after rescuing young children from a deadly apartment fire
π¦Ώ Bionic Breakthrough: MIT engineers have developed a new bionic knee that integrates directly into human tissue
πΆ Homes Sold, Dogs Saved: Florida realtor DJ Soucy is helping shelter dogs find loving families by offering one free dog with each home sale
ROCA WRAP
Presidential Ankle Monitor

Brazil
This country's former president called wearing an ankle monitor "a supreme humiliation."Β
Brazilβs former right-wing president Jair Bolsonaro is currently facing charges of attempting to plot a coup that would have kept him in power after losing an election to Luiz InΓ‘cio Lula da Silva (Lula) in 2022. Bolsonaro has said the charges are political, and earlier this month the US threatened 50% tariffs on Brazil if its authorities did not drop the case against the Trump-aligned Bolsonaro.
On Friday, federal police conducted searches at Bolsonaro's residence and party headquarters in the capital while implementing a Supreme Court order that severely restricts his movements. The restrictions prohibit the former president from leaving his house at night, communicating with foreign diplomats, approaching embassies, or using social media platforms. Bolsonaro also canβt contact other individuals under investigation, including his own son Eduardo, a Brazilian lawmaker currently living in the United States with close ties to President Trump.
The ankle monitor stems from ongoing Supreme Court proceedings where Bolsonaro faces charges of attempting to stage a coup following his 2022 electoral defeat. Prosecutors allege he "acted systematically, throughout his mandate and after his defeat at the polls, to incite insurrection and the destabilization of the democratic rule of law."
Trump has publicly defended Bolsonaro, describing his treatment as "terrible and unjust" and demanding the trial end immediately. Sources linked to Brazilβs Supreme Court have said the international pressure will have no effect on the courtβs proceedings, which are expected to resume between August and September.
For Bolsonaro, a ban on traveling or speaking to diplomats limits not just his personal freedoms, but his ability to leverage his Trump ties to alleviate his legal plight.
EDITORβS NOTE
Final Thoughts
Hope you had a wonderful weekend. Max F spent his on the beautiful Lake George with his family, while Max T spent his watching stories of people spending their weekends at beautiful places like Lake George.
One thing weβre excited about are the recent additions to the RocaNews team: Gus, Amelia, Robβ¦ and (checks notes) another Max. Weβre ashamed by this because the ratio of 40% of the team being Maxes is way too low.
βMax and Max



